Xagusdlong
XAGUSD H3. This Analysis Based On Price Action Theory.We Have an Analysis Of XAGUSD H3. This Analysis Based On Price Action Theory.
According to Multiple Analysis, We Can See That the Market has a Bullish Direction Even those market prices make a double top 🔺This indication of sell but due trend line or previous support we consider & For this We have Two ✌️ Target (Resistance) Area Around @24.117 & @24.400
For More Confirmation, You can see that Bollinger Bands, Fib Retracement & Super Trend The all are reflected Market Bullish Pattern
I Request to All Before The Trade You Also Match You're Analysis With As If You're Set up Match Then You Can Trade.
Thanks
Regard
Enclavefx technical group
Cam Silver offer us a clue?Today I've closed my short trades on Gold on 0 for one simple reason, I don't understand...
And turned to Silver for a clue... and the situation looks more clear here.
Silver found a bottom on 21.60 marked by a clear and nice pin bar. Since then, silver put in H-L on our chart and mow is trading in resistance.
I believe we will have an upbreak and the next target is 26.
Also, a long trade for this asset could have a 1:2 R:R
SILVER - Wick EntryI have been testing out a new indicator and it would be great to see it work in action at some point next week. Silver is highly correlated with golds movement and after analyzing XAUUSD, I expect the price to drop further on silver if it continues to step down. I will be placing a sell limit around the order block region to see if we can get a wick entry with a continuation to the downside.
COT Data - 67% Long
SILVER - What Next?I am interested in Silver after it broke the small descending trendline marked, I believe the price will range within the zone marked before we get a clear breakout either way. I have made sure to mark the key levels I am interested in and potential positions you can consider once they are broken.
According to COT data source - 57% Long
SILVER on a monthly resistance (M/W/D) 🦐SIlver on the monthly chart has approched a huge monthly resistance, price hit the 30 area and got sharply rejected below.
On the weekly chart (low left) we can see that after the spike in the rejection bulls gain again power.
On the daily chart (low right) price started a tight consolidation between the monthly resistance and a daily support.
We can expect the price to carry on the consolidation range before a break for new recent highs.
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Follow the Shrimp 🦐
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.